Our philosophy towards forecasting volatility of a fund is to use all available market data together with fund specific technical indicators that cannot be diversified away. We have found twenty-one technical indicators for Putnam Global High which you can use to evaluate future volatility of the fund. Please check Putnam Global High Risk Adjusted Performance of
(0.31) and Coefficient Of Variation of (619.82) to confirm if risk estimate we provide are consistent with the epected return of 0.0%.
|Horizon||30 Days Login to change|
Putnam Global Market Sensitivity
|As returns on market increase, returns on owning Putnam Global are expected to decrease at a much smaller rate. During bear market, Putnam Global is likely to outperform the market. 2 Months Beta |Analyze Putnam Global High Demand TrendCheck current 30 days Putnam Global correlation with market (DOW)|
β = -0.0128
Putnam Global Central Daily Price Deviation
Putnam Global High Technical Analysis
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Putnam Global Projected Return Density Against MarketAssuming 30 trading days horizon, Putnam Global High Yield Bond E has beta of -0.0128 . This indicates as returns on benchmark increase, returns on holding Putnam Global are expected to decrease at a much smaller rate. During bear market, however, Putnam Global High Yield Bond E is likely to outperform the market. Additionally, The company has a negative alpha implying that the risk taken by holding this equity is not justified. Putnam Global High is significantly underperforming DOW.
Predicted Return Density
|Alpha over DOW||=||0.12|
|Beta against DOW||=||0.01|
Putnam Global Return Volatilitythe fund accepts 0.0% volatility on return distribution over the 30 days horizon. the entity inherits 1.9038% risk (volatility on return distribution) over the 30 days horizon.
DOW has a standard deviation of returns of 1.9 and is 9.223372036854776E16 times more volatile than Putnam Global High Yield Bond E. 0% of all equities and portfolios are less risky than Putnam Global. Compared to the overall equity markets, volatility of historical daily returns of Putnam Global High Yield Bond E is lower than 0 (%) of all global equities and portfolios over the last 30 days. Use Putnam Global High Yield Bond E to protect your portfolios against small markets fluctuations. The fund experiences unexpected downward movement. The market is reacting to new fundamentals. Check odds of Putnam Global to be traded at 6.14 in 30 days. . As returns on market increase, returns on owning Putnam Global are expected to decrease at a much smaller rate. During bear market, Putnam Global is likely to outperform the market.
Putnam Global correlation with market